How QuadPay’s interest-free PlayStation 5 and Xbox Series X payment plan works

If you feel the need to keep up with cutting-edge video game hardware, 2020 is a rough year thanks to the PlayStation 5, Xbox Series X, and Nvidia’s RTX 3080 GPU. That’s especially true if the pandemic has put a dent in your income. Saving up $500 to purchase an Xbox or PS5 may prove difficult. But that’s where QuadPay wants to step in and act as a budgeting tool for consumers.

QuadPay is one of the new purchasing options that is available at GameStop this holiday. It’s a payment plan that breaks up your purchase into four installments that you pay over the course of six weeks. And that might sound like a shady deal that must come with interest and a ding against your credit, but QuadPay chief executive officer Brad Lidenberg talked with How Games Make Money host Jeff Grubb to clear up the confusion about those points. You can listen to the episode below or by clicking on the video above: